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In: Economics

What role (if any) did the Mont Pelerin Society (MPS) and its offshoots play in the...

What role (if any) did the Mont Pelerin Society (MPS) and its offshoots play in the paradigm shift that occurred in the late 20th Century, in both political and economic thinking?

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Expert Solution

Ans:-The MPS(Mont Pelerin Society) is an international organization . It was formed on 10th april 1947.The mont pelerin organisation composed of Economist,intellectual and business leaders,historians and philosophers.The MPS support free market economic policies ,freedom of expression and the political value of the society.The main aim of the Mont Perelin Society was make easy exchange of ideas between similiar-minted scholers in the hope of strengthening the principles and practice of a free society and to study the workings ,virtues and defects of market oriented economic system.The Mont Pelerin society played a major role in the late 20th century political and economic thinking.


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